Finning International Inc expected to post earnings of 45 cents a share - Earnings Preview

Finning International

30/07/2021 22:42

* Finning International Inc  FTT.TO   FTT.TO  is expected
to show a rise in quarterly revenue when it reports results on
August 3. 
* The Vancouver, British Columbia-based company is expected to
report   a 25.1% increase in revenue to C$1.67 billion from
C$1.34 billion a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Finning International
Inc is for earnings of 45 cents per share. For the same quarter
last year, the company reported earnings of 6 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 0.7% in the last three months. ​
* Wall Street's median 12-month price target for Finning
International Inc is C$41​, about 21.3% above​ its last closing
price of C$32.26. ​​​
* Previous quarterly performance (using preferred earnings
measure in Canadian dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.35        0.36       0.35      Missed  -2.1
 Dec. 31 2020  0.36        0.37       0.38      Beat    3.3
 Sep. 30 2020  0.24        0.24       0.37      Beat    51.5​
 Jun. 30 2020  0.20        0.20       0.06      Missed  -70
 Mar.          0.26​       0.28       0.33      Beat    19.5​
 31​ 2020​                                              
 Dec. 31 2019  0.45        0.45       0.31      Missed  -31.5​
 Sep. 30 2019  0.49        0.50       0.49      Missed  -1.4
 Jun. 30 2019  0.41        0.42       0.41      Beat    29.3
 This summary was machine generated July 30 at 21:42 GMT.  All
figures in Canadian dollars unless otherwise stated